Letter: Where is America's gold?

Posted: October 22, 2012 - 4:31pm

Everyone should watch a YouTube video called “The Creature from Jekyll Island” to understand how rich bankers in 1913 took over the U.S. banking system and created the Federal Reserve, which is not federal but owned by private bankers. It is the biggest financial crime ever committed against American citizens.

Is it possible our $16-trillion national debt is so huge that unless they keep interest rates at zero, we cannot even pay the interest on what we owe? What is the agreement between the Federal Reserve bankers and Congress in case our nation defaults on these loans?

Unless something changes, we are soon to have massive government spending cuts and large income tax increases.

Is this what Ben Bernanke’s threat of “falling off a fiscal cliff” is all about?

In 1933, they required American citizens to give up their gold to the government. The penalty for not turning in your gold was 10 years in prison. The confiscated gold was put it in Fort Knox and several other depositories.

Against the Constitution, they gave us paper money. For each paper dollar in circulation we had a dollar’s worth of gold.

In 1971, Nixon took us off the gold standard. The Federal Reserve bankers could now print as much paper money as the government demanded. Gold was no longer a consideration. This caused massive inflation.

Several years later, local radio stations announced all the gold in Fort Knox was rumored missing. The depositories are heavily guarded and no one is allowed in, not even for tours. The gold has not been officially audited in 60 years. Doesn’t that seem odd? Where is our gold? How much do we have, and does it belong to the government or private bankers?

In Iceland, they threw their bankers in jail and created their own national bank.